This week’s flurry of investment activity continued Thursday, as several companies reported successful funding rounds. Some notables among Thursday’s announcements include: Sorrent raised $20 million in Series C financing led …
SAN FRANCISCO-The European directory-assistance market has a solid future provided mobile-phone subscribers are included, according to a new report by Visiongain Publishing titled “Mobile Directory Services 2004-2009.” “Visiongain believes that …
STATE COLLEGE, Pa.-AccuWeather launched a premium short message service allowing mobile users to receive daily forecasts and severe weather alerts on their cell phones. The service-dubbed Messenger and developed by …
STOCKHOLM, Sweden-L.M. Ericsson said it will provide equipment for the second phase of Internet Protocol backbone expansions for China Mobile Communications Corp. The expansion will include all 31 Chinese provinces …
Qwest Communications International Inc. unveiled nationwide wireless voice services to residential and small-business customers in eight Oregon cities as part of its mobile virtual network operator agreement signed last year …
Citing a pending review of previously filed financial statements, MetroPCS Inc. said it is postponing its initial public offering, which was expected to raise approximately $500 million for the regional …
PLYMOUTH MEETING, Pa.-SmartServ Online Inc. is negotiating to acquire New York-based distributor of international prepaid calling cards KPCCD Inc. in a deal the company hopes to close by Aug. 30. …
Two tower companies, SpectraSite Inc. and Crown Castle International Corp., reported improved quarterly financials. SpectraSite reported improved second-quarter financial results and announced the search is on for a new chief …
SUNNYVALE, Calif.-Proxim Corp. will be required to pay $25.9 million in damages to Symbol Technologies Inc. for infringing on patents, according to the U.S. District Court for the District of …
LAKE CHARLES, La.-Sprint PCS affiliate US Unwired Inc. reported 17,358 net customer additions during the second quarter of 2004 compared with 8,878 new subscribers added during the second quarter of …
CORAL SPRINGS, Fla.-Sun Network Group Inc. has agreed to buy m-commerce provider PayCell Inc., a two-month-old subsidiary of Celtron International, in an all-stock transaction. Earlier this week, Celtron had rejected …
MELBOURNE, Fla.-AirNet Communications Corp., a software-defined base station provider, said it expects revenue for the second quarter to exceed its previously forecasted range of $4 million to $5 million. Based …
ALAMEDA, Calif.-UTStarcom Inc. said its second-quarter financial results reflected both successes and challenges, including increased pricing pressure in China. “UTStarcom continues to go through a significant transformation as a company,” …
STOCKHOLM, Sweden-L.M. Ericsson said it will provide in-building solutions for the new National Grand Theater in China under a contract awarded by Beijing Communication Corp., a subsidiary of China Netcom …
SCHAUMBURG, Ill.-Motorola Inc. said it has elected a former chief executive officer of Deutsche Telekom to its board of directors with immediate effect. Ron Sommer, 54, who also spent 15 …
MOUNTAIN VIEW, Calif.-Alvarion Communications Ltd. said it has entered an agreement to acquire InterWave for approximately $56 million in an all-cash deal. InterWave makes compact GSM and CDMA network equipment …
FRAMINGHAM, Mass.-Lucent Technologies Inc. said it is partnering with NMS Communications to design and build advanced optical voice processors for use in next-generation wireless networks. The companies expect the solution …
Increasing its presence in the wireless high-speed data game, Verizon Wireless launched its CDMA2000 1x EV-DO BroadbandAccess service in Las Vegas, providing users in the greater metro area with access …
Continuing what it claims is its 18th consecutive quarter of exceeding analysts’ expectations, Nextel Partners Inc. said it added 92,000 net customers during the second quarter, ending the first half …
PHILADELPHIA-@Road Inc. won’t buy MDSI Mobile Data Solutions Inc. after all. The cancellation of the proposed acquisition, valued at about $86 million when it was announced in April, was made …
